Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the tax rate high or low?
The tax rate of 25.00% is 49% below its 3-year average of 49.24%, near the low end of its 3-year range (-4.17%–187.50%).
As of the fiscal period ended Sunday, December 31, 2023. 19.33% above its 12-month average of 20.95%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2023 (2023-12-31): 25.00%.
TAX RATE
25.00%
TAX RATE AVG TTM
20.95%
TAX RATE AVG 3Y
49.24%
TAX RATE AVG 5Y
N/A
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+19.33%
CURRENT VS 3Y AVG
-49.23%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | TAX RATE |
|---|---|
| 2023-12-31 | 25.00% |
| 2023-09-30 | 26.09% |
| 2022-12-31 | 11.76% |
| 2022-06-30 | 187.50% |
| 2021-03-27 | -4.17% |
